Many of these proposed rate changes mark a reversal of the rate cut decisions taken by the Council in November 2017 and December 2018, in the run-up to the 2019 general elections.
The levy of cess was to end on June 30 but the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising State FMs, decided to extend it till March 2026 to repay the loans taken in the last two fiscal years to make up for the shortfall in their revenue collection.
I have always maintained they never lied about the good days. It was the foolish, self-centred public that thought it was meant for them and rejoiced, so much that the euphoria still has enough momentum to keep propelling them further and further. The said public simply could not think it was for a handful of people that the dispensation would actually be in service of.
MYSURU: Farmers in Karnataka have strongly opposed the GST Council’s decision to impose a tax on milk products like lassi, curd, paneer and buttermilk as well a
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